Shell exits giant North Sea wind energy projects
Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, Reuters reported. Shell sold its 50% interest in…
Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, Reuters reported. Shell sold its 50% interest in…
Johnnie Walker and Guinness giant Diageo plc on Monday appointed former Tesco boss Dave Lewis as its new chief executive officer (CEO), effective January 1,…
SSE plc, the Perth-based electricity infrastructure giant, is exploring funding options including a share sale that could raise billions of pounds, as the utility seeks capital…
Scottish whisky giant William Grant & Sons has finally commented on the departure of its CEO Søren Hagh – a week after the event. Hagh previously…
Baillie Gifford’s flagship investment trust company, the £15.5 billion Scottish Mortgage fund, on Friday reported a 22.9% rise in Net Asset Value (NAV) for the six…
The Scottish Government said landmark legislation has been approved to help create new small landholdings to “increase farming opportunities and bring agricultural tenancy law into…
Shares of John Wood Group, the troubled Aberdeen-based engineering and consulting giant, rose more than 12% on Thursday to around 20.5p after they were restored…
SSEN Transmission said it has signed two major agreements to help deliver new homes across the north of Scotland. The deals are the the first…
An independent report published on Thursday claims that Dogger Bank Wind Farm, which will become the world’s largest offshore wind farm once fully operational, will…
John Wood Group, the troubled Aberdeen-based engineering and consulting giant, said on Wednesday afternoon that its shares are to be restored to listing and trading on…
Scottish Financial Enterprise (SFE) and leading Scots law firm Burness Paull have joined forces to launch a new guide for firms considering locating in Scotland….
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Wednesday its group orders rose 2% in the third quarter ended September…
The 2025 Baillie Gifford Prize for Non-Fiction has been won by How to End a Story: Collected Diaries by Helen Garner. The winner was announced…
Scottish whisky giant William Grant & Sons has confirmed the departure of CEO Søren Hagh after less than two years. William Grant’s drinks brands include The…
Canada Life said it has completed a third pension scheme buy-in transaction worth £41 million with drinks maker A.G. Barr plc for 300 pension scheme…
Scottish Financial Enterprise (SFE) announced that Rushad Abadan, Group General Counsel at Aberdeen Group, will become SFE deputy chair on January 1 in place of Jackie…
Colleges Scotland is calling for “the reversal of years of underinvestment in the college sector” before the end of the current Scottish Parliament and a…
A report from Audit Scotland said NHS Grampian and NHS Ayrshire and Arran both needed large loans from the Scottish Government to break even in…
Scotland’s electric vehicle (EV) charging network grew 22.5% in the last year, bringing over a thousand more charging devices to motorists. New UK government figures…
Edinburgh has retained its position as the UK’s second most attractive city for foreign direct investment (FDI), while Glasgow has advanced two places to seventh,…
Edinburgh and London-based private bank Hampden & Co has appointed two new senior executives to its leadership team, reporting to CEO Tracey Davidson. Greig Townsend joins…
The Scottish Government’s Business Minister Richard Lochhead is attending the Space Economy Summit in Florida to promote Scotland’s space expertise. Scotland’s capabilities in satellite manufacturing…
The University of Edinburgh announced that its Venture Builder Incubator is now open to all of Scotland’s universities, and will provide founders with access to funding,…
The Rettie Research Briefing for October 2025 has revealed that the average advertised rent for private housing in Scotland currently stands at £1,250 a month — caused…
The UK government’s “Scottish Affairs Committee” of MPs said it has launched an inquiry to investigate the strategic and economic case for improved fixed transport links…
By Mark McSherry Veteran Scottish entrepreneur and investor Brian Souter has slammed UK pension funds for the “egregious” risk aversion of their refusal to invest…
Heart of Midlothian Football Club said its board has formally approved the appointment of Calum Paterson as the club’s new non-executive chairman, subject to formal ratification…
A forecast gap of nearly £5 billion remains between what Scottish Government ministers want to spend on public services by 2029-30 and the funding available…
John Wood Group, the troubled Aberdeen-based engineering and consulting giant, published unaudited half year results for the six months ended June 30, 2025, showing an…
Iomart Group plc, the Glasgow-based secure cloud services firm, said in a trading update on Thursday that its group revenue grew 25% to £77.7 million in the…
Phoenix Group, parent of Standard Life, is in talks to raise more than £1 billion from private capital firms as it seeks to expand its pension-risk…
Aberdeen Group plc said it has agreed to increase its stake in Tritax Management LLP, one of the UK’s largest logistics managers. Following the initial…
The Scottish Government has published its Scottish Fish Farm Production Survey 2024 — showing that fish farm production of Atlantic salmon increased by 41,051 tonnes or…
The Association of Investment Companies (AIC) has called on UK finance minister Rachel Reeves to take “bold” action in her upcoming Budget to foster an…
Celtic plc said late on Monday that manager Brendan Rodgers has resigned. “The club appreciates Brendan’s contribution to Celtic during his two very successful periods at…
Energy infrastructure giant Petrofac Limited said on Monday it has applied to the High Court of England and Wales to appoint administrators to the firm. Petrofac’s…
Iomart Group plc, the Glasgow-based secure cloud services firm currently searching for a new CEO, said on Monday its remuneration committee has granted 500,000 share options to executive…
By Mark McSherry (UPDATE 5) — Baillie Gifford’s flagship investment trust, the £15.5 billion Scottish Mortgage fund, has outlined third-quarter changes to its portfolio of…
The UK government’s “Scottish Affairs Committee” has warned in a report that job losses from the North Sea oil and gas industry’s decline currently outstrip…
The Dunard Centre — Edinburgh’s first purpose-built concert hall for more than a century — announce it has signed a construction contract with Balfour Beatty to build…
Shares of Edinburgh-based oil and gas firm Capricorn Energy rose as much as 11% on Friday after it said it received $50 million from the Egyptian General…
French listed retail property group Unibail-Rodamco-Westfield (URW) and Dutch pension investor APG have announced URW’s acquisition of a 25% stake in Edinburgh’s St James Quarter….
Shares of NatWest Group — the bank formerly known as RBS — hit a 17-year high on Friday after the company reported £2.18 billion operating…
US banking giant Citi said its board of directors has elected its Scottish-born CEO Jane Fraser as chair of the Citi board. “The board also granted…
Scottish Rugby said it has appointed Gemma Fay as its first Managing Director of Women’s Rugby. It said Fay will lead the continued expansion and…
The £560 million Aberdeen Asia Focus investment trust said it delivered a net asset value (NAV) total return of 20.3% and a share price total return…
Watkin Jones said on Wednesday that Scottish Ministers have approved its plan for the delivery of an 800-home residential scheme with mixed tenures in Chesser,…
Investment firm West Coast Capital — the investment arm of Tom Hunter’s family office — has completed the acquisition of Port Edgar Marina west of…
University of Glasgow spinout firm Chemify said it has raised over $50 million in Series B funding from mainly US-based investment funds to help accelerate its mission…
New research commissioned by top Scottish law firm MFMac (Morton Fraser MacRoberts) has found that 48% of Scottish business leaders rate the availability of investment capital in…
Shares of Macfarlane Group, the Glasgow-based packaging, design and distribution firm, fell as much as 20% on Wednesday after the firm revealed news of a…
Aberdeen Group plc said on Wednesday its assets under management and administration (AUMA) have risen 6% year to date to £542.4 billion but that “net flows…
The Law Society of Scotland said on Tuesday it is “frustrated and disappointed” at the UK Government’s proposal to remove its role as an anti-money…
Aberdeen Investments has announced the expansion of its active exchange-traded fund (ETF) platform in the United States with the conversion of two mutual funds into…
The £900 million Baillie Gifford Japan Trust said its net asset value (NAV) total return per share was 20.5% in the year to August 31,…
UK government borrowing in the first six months of its current financial year rose 13.1% to almost £100 billion, according to the UK’s Office for…
Solihull-based Paragon Bank’s development finance division has provided a £22.6 million finance facility to support the transformation of a prominent Glasgow city centre office building into…
The UK’s remaining proven and probable oil and gas reserves were estimated at 2.9 billion barrels of oil equivalent (boe) at the end of 2024,…
Aberdeen Investments, on behalf of the Standard Life Pooled Pension Property Fund, has acquired Standbrook House in Old Bond Street, London, one of the world’s…
The CEO of SSE plc, the Perth-based electricity infrastructure giant, has outlined the urgent need to upgrade the UK’s energy grid and “stop relying on…
Iberdrola, the Spanish energy giant that owns ScottishPower, has sounded out rivals this year about a possible merger deal with its UK retail business, according…
Almasar Alshamil Education said it has signed a non-binding Heads of Terms (HoT) agreement with Heriot-Watt University of Edinburgh for the establishment of Heriot-Watt University…
San Francisco-based Lyft has announced the acquisition of Glasgow-based TBR Global Chauffeuring (TBR) for $110 million in cash plus additional contingent costs. The Glasgow firm’s…
By Mark McSherry The Association of Investment Companies (AIC) have sent a “briefing note” to MSPs and Scottish MPs at Westminster to educate them on…
Weir Group, the Glasgow-based global mining and engineering FTSE 100 firm, said on Thursday it has priced an offering of Australian $400 million senior notes. Weir…
FinTech Scotland announced on Thursday that Nicola Anderson is to step down as CEO at the end of 2025 to take up a “new senior…
Offshore Energies UK (OEUK) has issued a warning to the UK Government that without a permanent replacement for the temporary Energy Profits Levy (EPL), the…
AI robotics company Launchpad announced it has successfully concluded a Series A funding round, raising a total of $11 million, including $2 million from Scottish National…
The Scotch Whisky Association (SWA) has urged the UK Chancellor to deliver a multi-year freeze on spirits duty in next month’s Autumn Budget. The SWA…
John Wood Group, the troubled Aberdeen-based global engineering and consulting giant, said on Wednesday that Ken Gilmartin has informed the board of his intention to…